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Pharmaceuticals Packing & Labeling Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Pharmaceuticals Packing & Labeling Services Market Research Report | Advisory & Financial Services | Other Outsourced Functions | Aug 2014

Clearly labeled: An aging population and broader health coverage will benefit the industry

IBISWorld’s Pharmaceuticals Packing & Labeling Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
AmerisourceBergen AmerisourceBergen market share
Cardinal Health Inc. Cardinal Health Inc. market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
3.3%
Annual Growth 14-19
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Profit
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Employment
15,813
Businesses
493
Industry Analysis & Industry Trends

The Pharmaceuticals Packaging and Labeling Services industry has performed well over the past five years, with minor losses in 2009. Strong growth will continue through 2019, as the number of individuals will healthcare increases as healthcare reform initiatives go into effect and the aging population grows. As patents on brand name drugs expire, the industry will benefit from generic manufacturers that will need industry services. However, this translates to less revenue from brand name pharmaceutical companies as a result of their generally less lucrative contracts.... purchase to read more

Industry Report - Starting a New Business Chapter

The Pharmaceuticals Packing and Labeling Services industry has high barriers to entry due to the significant level of regulation pertaining to the pharmaceutical sector and the difficulty in obtaining new industry contracts. Developing contracts and business relationships can take time and often depends on the two parties' needs; new entrants into the market will face significant difficulty in gaining the trust and business of pharmaceutical manufacturers, as proper packaging and labeling of drugs is critical for their distribution and sale. Additionally, industry participants need to be registered with the Food and Drug Administration and pass the necessary quality control processes, which can necessitate a significant amount of industry expertise... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Pharmaceuticals Packing & Labeling Services Industry?

This industry provides packing and labeling services for prescription and over-the-counter pharmaceuticals, biologics, consumer health and veterinary products. Packing and labeling may be provided for finished drug products or active pharmaceutical ingredients. Industry services may include packaging into blisters, bottles, pouches and unit doses, specialty vial or syringe labeling and kitting for injectables.

Industry Products
Packaging servicesLabeling servicesOther services
 
Industry Activities
Packaging servicesLabeling servicesOther services


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